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Millmark Grove, London, SE14

London

£699,950

Listed on 01/07/2026

Property details

Bedrooms
3
Type
House
Area
905 sqft

Description

This three-bedroom terraced property from the 1930s presents a notable opportunity for renovation and investment. Situated in a desirable area with convenient access to local amenities in Brockley, Telegraph Hill, and New Cross, this property offers solid potential for those looking to create their ideal home or enhance its value. The newly-built garden shed adds utility to the outdoor space, and there is further scope to extend the property subject to planning permission (STPP). Additionally, the availability of on-street parking without restrictions is a significant advantage. This property requires some refurbishment to reach its full potential but promises rewarding returns for astute buyers.

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Investment analysis

(SE14 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£773/sq ft
Area Average
£615/sq ft
Avg Rent (weekly)
£434
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£612,382
10% above area average per sq ft
Potential ROI
-17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (SE14)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -7.9%
5 year growth: -8.3%
Investment Disclaimer: Analysis based on SE14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Millmark Grove, London, SE14
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,644
Based on a loan of £524,962 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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